Newmont selects four banks to get $800m of loans

Cooper and gold miner PT Newmont Nusa Tenggara (PTNNT) is selecting four banks to get US$800 million of loans, NNT?s president director said on Tuesday.

?Now, there are only four banks left. One is national bank and three others are foreign banks,? Martiono Hadianto told reporter in Jakarta without giving further details.

In a recent meeting, the firm's shareholdrs agree on raising a maximum $800 million loan and it expected to get the loan in next month. (godang)